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Kuwait needs urgent reforms to correct its financial situation on a more sustainable basis, Central Bank of Kuwait said. Central bank Governor Muhammad Al-Hashel...
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Kuwait needs urgent reforms to correct its financial situation on a more sustainable basis, Central Bank of Kuwait said. Central bank Governor Muhammad Al-Hashel...
Credit rating agency Standard & Poor’s lowered Kuwait’s credit rating to “A+” with a negative outlook, attributing the reason to its lack of a...
Kuwait’s Future Generations Fund (FGF) has achieved a growth of 33% during the fiscal year ending on the last March 31. According to the...
Kuwait International Bank announced that it has reached an agreement to sell its exposure in NMC, Abu Dhabi-based health care company at a discount...
The government of Kuwait intends to increase the number of passengers allowed to arrive on commercial flights coming from abroad to 5,000 passengers per...
Kuwait lost $2.7 billion of its foreign reserves in March which is about 5.74% of its value compared to last month. Kuwait’s reserves recorded...
Danish transport and logistics group DSV Panalpina has acquired Global Integrated Logistics (GIL) from Kuwait’s Agility for $4.2 billion. As soon as the acquisition...
Kuwait has been able to save billions of dollars by stopping corruption and waste of public money during 2020, Al-Shall Financial Consulting Services said...
Kuwait’s average total public financing needs during the current and next year might decline to less than 27% of the GDP, the International Monetary...
The financial results of the Kuwait National Industries Group Holding (NIND), showed losses during 2020, under pressure from three factors. NIND, listed on the...